The three modern types of entrepreneur that have emerged after the description of different entrepreneurial types by arthur cole in the 1950s are called the lifestyle entrepreneur, the empire builder, and the entrepreneur.

Answer : Serial Entrepreneur

A serial entrepreneur, like any other entrepreneur, comes up with a new idea and starts a business based on it.

Once the business is established, they delegate the running of this business to someone else and move on to building another new business on another new idea.

As they move on to newer ventures, they may also sell their old ventures. When such ventures are sold, the entrepreneur often makes a windfall gain.

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